Calculation of Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	8,029	$	6,294	$	28,396	$	27,403
Weighted average shares outstanding	15,315,020		15,235,860		15,300,931		14,922,094
Basic Earnings Per Share	$	0.52	$	0.41	$	1.86	$	1.84
Calculation of Diluted Earnings Per Share:
Reconciliation of Numerator:
Net Income	$	8,029	$	6,294	28,396		27,403
Reconciliation of Denominator:
Weighted shares outstanding—Basic	15,315,020		15,235,860		15,300,931		14,922,094
Effect of dilutive securities:
Share-based compensation	37,682		44,797		41,356		48,096
Adjusted denominator—Diluted	15,352,702		15,280,657		15,342,287		14,970,190
Diluted Earnings Per Share	$	0.52	$	0.41	$	1.85	$	1.83